Lupin appoints Fabrice Egros as President of Asia Pacific biz

Egros, based in Tokyo, will be responsible for the company's growth and development across key markets such as Japan, Australia, the Philippines, South East Asia and new markets in rest of the ASEAN region.PTI | Updated: November 06, 2015, 10:00 IST

Danish wind turbine producer Vestas has appointed Chris Beaufait from GE Aviation as the new head of its Asia Pacific & China region from April 1. He succeeds Danny Nielsen, who will continue as chief operating officer of the region.

Egros, based in Tokyo, will be responsible for the company's growth and development across key markets such as Japan, Australia, the Philippines, South East Asia and new markets in rest of the ASEAN region.

"His deep knowledge of the Asia-Pacific markets will be invaluable as we consolidate and grow our business in the region," Lupin Ltd, Managing Director, Nilesh Gupta said in a statement.

This region is the third largest revenue contributor for the company globally, he added.

"I believe that Fabrice's experience will help Lupin achieve its growth plans for the Asia Pacific region, and help us scale the business to new heights," Gupta said.

Only in India the healthcare financing is very small when compared to the financing by the other forces rather than the patient himself or herself paying out of pocket. Having 70-75% of the expenses as out-of-pocket, in my opinion, is not a right approach to managing healthcare in a country where the patients tend to sub-optimally purchase healthcare if he/she has to pay out-of-pocket.